MSX launches X Card for Visa payments tied to crypto accounts

MSX launched X Card, a global crypto payment card, as a way to connect digital asset accounts with payment use in everyday purchases. The company said the card marks a step in building digital asset payment infrastructure.

X Card is described as linking digital assets to a global payment network so balances can be used as purchasing power. The release also frames the move as part of a shift from trading and wealth management toward practical use, including spending and cross-border fund transfers.

MSX said X Card connects digital asset accounts to real-world spending scenarios, including spending, global remittances, fund management, and ATM cash withdrawals. The card supports online and in-store transactions across merchants worldwide that accept Visa, and it can be added to digital wallets such as Google Pay. The release says it supports cash withdrawals through global ATM networks excluding Mainland China and OFAC-sanctioned regions, and it lists no deposit fees, no card spending fees, and no annual fee, along with monthly spending limits of up to US$1 million.

In addition to payments, the release states that X Card is integrated into the MSX asset ecosystem. It says the MSX platform provides investment access spanning digital assets, tokenized U.S. stocks, and Pre-IPO offerings, and it cites a Pre-IPO program in which Cerebras progressed from a Pre-IPO offering to a public listing. For security and compliance, MSX lists registrations with FinCEN as a Money Services Business, Canada’s MSB regime, and Australia’s AUSTRAC registration framework, as well as KYC, AML, and transaction monitoring requirements; it also mentions continuing work on a U.S. Money Transmitter License framework and holding a Hong Kong Money Service Operator license. The payment infrastructure is described as built and managed in accordance with PCI DSS Level 1 standards.

MSX plans to continue enhancing the X Card experience, expand its global payment network, and enrich its ecosystem of digital assets and Real-World Assets.

Provided by Globe Newswire on behalf of MSX International. Click to read original content.